Capital Investment Advisors LLC Buys 111,125 Shares of Healthcare Realty Trust Incorporated (NYSE:HR)

Capital Investment Advisors LLC lifted its position in Healthcare Realty Trust Incorporated (NYSE:HR) by 31.0% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 469,323 shares of the real estate investment trust’s stock after purchasing an additional 111,125 shares during the period. Capital Investment Advisors LLC owned 0.13% of Healthcare Realty Trust worth $7,955,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of HR. Franklin Resources Inc. lifted its holdings in Healthcare Realty Trust by 3.6% during the third quarter. Franklin Resources Inc. now owns 180,958 shares of the real estate investment trust’s stock worth $3,160,000 after buying an additional 6,238 shares during the period. Wilmington Savings Fund Society FSB purchased a new stake in shares of Healthcare Realty Trust during the 3rd quarter worth $78,000. Sanctuary Advisors LLC bought a new stake in Healthcare Realty Trust during the third quarter valued at about $194,000. Barclays PLC lifted its position in Healthcare Realty Trust by 116.2% during the third quarter. Barclays PLC now owns 722,582 shares of the real estate investment trust’s stock valued at $13,117,000 after acquiring an additional 388,305 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd purchased a new position in Healthcare Realty Trust during the 3rd quarter worth $849,000.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on HR. Jefferies Financial Group downgraded shares of Healthcare Realty Trust from a “buy” rating to a “hold” rating and decreased their target price for the company from $19.00 to $17.00 in a research report on Thursday, January 2nd. Wells Fargo & Company reiterated an “underweight” rating and set a $17.00 price target (up previously from $16.00) on shares of Healthcare Realty Trust in a research report on Tuesday, October 1st. JPMorgan Chase & Co. downgraded Healthcare Realty Trust from an “overweight” rating to a “neutral” rating and set a $19.00 target price for the company. in a research note on Friday, December 20th. Finally, Wedbush cut shares of Healthcare Realty Trust from a “neutral” rating to an “underperform” rating and cut their target price for the stock from $18.00 to $16.00 in a research note on Thursday, January 2nd. Two equities research analysts have rated the stock with a sell rating and five have issued a hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $17.14.

Healthcare Realty Trust Trading Down 1.1 %

NYSE:HR traded down $0.17 during midday trading on Monday, hitting $15.82. 451,962 shares of the company were exchanged, compared to its average volume of 3,004,088. The company has a market capitalization of $5.61 billion, a PE ratio of -10.01 and a beta of 0.94. The company has a fifty day simple moving average of $17.38 and a 200 day simple moving average of $17.57. Healthcare Realty Trust Incorporated has a fifty-two week low of $12.77 and a fifty-two week high of $18.90.

Healthcare Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Tuesday, November 12th were paid a $0.31 dividend. The ex-dividend date of this dividend was Tuesday, November 12th. This represents a $1.24 dividend on an annualized basis and a yield of 7.84%. Healthcare Realty Trust’s payout ratio is -78.48%.

Insider Activity

In other news, Director Thomas N. Bohjalian acquired 7,750 shares of the business’s stock in a transaction dated Friday, November 22nd. The shares were bought at an average cost of $17.39 per share, for a total transaction of $134,772.50. Following the acquisition, the director now directly owns 50,002 shares in the company, valued at $869,534.78. This trade represents a 18.34 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Peter F. Sr Lyle, Sr. purchased 10,000 shares of Healthcare Realty Trust stock in a transaction on Friday, December 13th. The shares were acquired at an average cost of $17.21 per share, for a total transaction of $172,100.00. Following the completion of the transaction, the director now owns 26,576 shares of the company’s stock, valued at $457,372.96. This represents a 60.33 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have purchased 18,750 shares of company stock worth $323,723 over the last three months. 0.56% of the stock is currently owned by corporate insiders.

Healthcare Realty Trust Company Profile

Healthcare Realty (NYSE: HR) is a real estate investment trust (REIT) that owns and operates medical outpatient buildings primarily located around market-leading hospital campuses. The Company selectively grows its portfolio through property acquisition and development. As the first and largest REIT to specialize in medical outpatient buildings, Healthcare Realty's portfolio includes more than 700 properties totaling over 40 million square feet concentrated in 15 growth markets.